Events

What are You Underwriting: Understanding Nuclear Verdicts, Risk Factors, and Their Impacts

Thursday, March 6 at 9:40am

Nuclear verdicts, thermonuclear verdicts, monopoly-money awards. Whatever you call them, outsized and disproportionate jury awards and settlements (are trending more and higher across the country. No jurisdiction, practice area, or defense counsel is safe. What is driving these unjust outcomes? What red flags exist indicating a claim may go nuclear? How can underwriters and risk management professionals appropriately gauge risk and assess their portfolios? It is time for the insurance industry to change the approach to address the rising threat of nuclear verdicts through proactivity, creativity, and collaboration. Tyson & Mendes’ Ashley Paige Fetyko, partner and head of communications, and Mark Shanberg, Chicago partner, will reveal the surprising driver at the heart of nuclear verdicts, proven methods to stop the madness, and practical tools for underwriting in the era of outsized and unjust awards. They will share insights from the forthcoming book analyzing 100 nuclear verdicts for patterns and trends. Attendees will come away from the session armed with four proven methods to mitigate risk, take back justice for all, and win.